Gold and Silver Update
by m.tamosauskas| July 31, 2013 | No Comments
Gold and silver has accelerated down since we did the last video update. Our team has prepared an updated video analysis on precious metals which is accesable here on our Youtube channel.
Hang Seng on a cliff!
by m.tamosauskas| July 26, 2013 | No Comments
We just wanted to share a perfect inflection point for the Hang Seng index:
Last week’s high of 22034.38 is a perfect spot for a possible reversal. This is because original upside objectives basis a fib. 61.8% retracement towards 22106.37 are very close and a fib. 61.8% extension of the initial 19426.36-21004.56 advance pinpoints the achieved high (see inset). Once the reversal has occurred, it will confirm the completion of the counter-trend rally from 19426.36 and initiate declines towards 17100.00+/- during the next months. This forecast is revised only above 23944.74.
DJ Utilities
by m.tamosauskas| July 24, 2013 | No Comments
A short-term reversal signature has already occurred pulling prices lower almost 2%. This significantly increases the probability of a completion of the entire counter-trend swing from 462.60 at this week’s high of 509.20 which would confirm downside continuation during the next several weeks ahead, with ultimate objectives measured to 421.50-15.58. However break above 509.20 will trigger additional upside to 516.90.
New all time high, what’s next?
by m.tamosauskas| July 19, 2013 | No Comments
With a break above the May high of 1687.18, this count has been promoted to ‘preferential’ status. It advocates limited upside potential from current levels towards idealised targets at 1706.52. Await a reversal from there to confirm the completion of the June ’13 advance and initiate declines in the weeks ahead. Ultimate downside is then projected towards 1514.43-14.09 to finalise the larger counter-trend sequence in progress from the May high. This forecast is revised by acceleration above 1706.52.
Alternative S&P 500 count
by m.tamosauskas| July 17, 2013 | No Comments
This count will be promoted to ‘preferential’ status should the S&P continue higher and break above the May high of 1687.18. It would trigger immediate upside potential to 1706.52 during the next trading days – a reversal from there would initiate a larger downswing to 1514.43-14.09 in the weeks ahead to finalise the larger ‘expanding flat’ sequence that dates back to the May high.
DAX is also quickly approaching its ultimate upside targets
by m.tamosauskas| July 12, 2013 | No Comments
Another market indicating about limited upside potential during the next several days. With additional upside during the latter half of last week, the Dax has traded into the 8199.51-8283.13 area. This sets the stage for a reversal signature from current levels that would confirm the completion of the counter-trend upswing from the June low of 7655.83 and initiate declines in the weeks ahead with unchanged downside objectives measured to 7431.43-7336.92.
Back to regular update schedule :)
by m.tamosauskas| July 10, 2013 | No Comments
This time about DJ Utilities index – this special feature depicts the wave sequence for the Dow Jones Utilities Average from the late April high of 537.80. As the decline from there into the June low of 462.60 unfolded into a clearly discernible five price-swing sequence, it prevents us from thinking about sustained upside potential from current levels – remember that a five wave pattern (unless it is not part of a larger flat structure) requires another five wave sequence to exceed the previously established price extreme.
Free Week ends tonight
by m.tamosauskas| July 3, 2013 | No Comments
Our free week campaign ends tonight, but you can still register here and get access for our EW-Compass reports for the next week. Moreover, we have uploaded our last flagship monthly EW-Navigator report in a special tab. Enjoy! 🙂
EuroStoxx 50
by m.tamosauskas| July 1, 2013 | No Comments
Original short-term upside to 2625.29 has been achieved but as in the case of the U.S. indices, the substructure from last week’s low of 2494.54 implies an upside continuation. Idealised targets measure to 2709.47, the fib. 61.8% retracement – await a reversal signature there to confirm downside continuation in the weeks ahead. Ultimate downside objectives remain towards 2325.53-2296.66. The revision level for this forecast is at 2851.48.
FREE WEEK starting tonight!
by m.tamosauskas| June 26, 2013 | 2 Comments
Tonight we are lounching our free week campaign, later today the newest EW-Compass will be published and available for all registrants! The team is realy working heavy to bring you the best quality report!
Register here.